Orem Community Snapshot

The City of Orem was organized in 1919 and named after Walter C. Orem, President of the Salt Lake and Utah Railroad. Orem is located on the eastern shore of Utah Lake and extends easterly to the foothills of Mount Timpanogos. As the fifth-largest City in Utah, Orem is located in the center of the Provo-Orem MSA with an estimated population of over 603,000* people. It is also home to Utah Valley University and within five minutes of Brigham Young University with a combined total of over 67,000 students. Housing, education, and employment opportunities continue to be in high demand as Orem’s population recently surpassed 97,000 residents*. Orem was named the #13 Best Place to Live in America for 2018 by Money Magazine.

*2016 U.S. Census Bureau estimates

Orem, UT

Population

Total Population

100,889

Population
Growth Rate

1.62%

Median Age

28

Diversity Index

52.200

Housing & Income

Households

29,581

Total Housing Units

30,963


Owner Occupied

16,789

Renter Occupied

12,793

Vacant

1,382

Median Home Value

$250,610


Average Home Value

$293,072

Income
Growth Rate

Median
Household Income

1.66%


Per Capita Income

2.76%

Income Projection

Median Household

$63,280 $75,739


Average Household

$82,716 $94,903


Per Capita

$24,901 $28,534

Workforce

Total Businesses

3,561

Total Employed

41,825

Workers 16+

42,434

AG/Forestry/Fish/Hunting

Businesses

11

Employed

33

Mining

Businesses

2

Employed

22

Utilities

Businesses

7

Employed

31

Construction

Businesses

214

Employed

2,910

Manufacturing

Businesses

139

Employed

1,860

Wholesale Trade

Businesses

132

Employed

1,946

Some
High School

2,996

Graduated
High School

7,479

Associates
Degree

6,474

Bachelor's
Degree

14,536

Graduate
Degree

7,286

Average Commute Time

18 min.



Resident Commuters

37,947

Non-Resident Commuters

4,271

Drive Alone

32,416

Carpooled

4,859

Public

847

Work At Home

2,197

Business Growth

Business Licenses

  • 2,832 Commercial
  • 2,096 Home Occupation

Number of Employees Reported by Applicants

  • 30,531

      As of October 25, 2018